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Finance
JP Morgan hires former UTI Mutual Fund CEO Leo Puri as South Asia head
Leo Puri, a former CEO of UTI Mutual Fund, is set to take over as the chairman of JP Morgan’s ......
TMT
Startup stress test: Which VC-backed ventures have the shortest capital runway?
A large number of technology startups in India have laid off employees and cut salaries over the past couple of ......
General
Grapevine: Google eyes stake in Vodafone Idea; lenders to sell Reliance General Insurance
Tech giant Google is looking to buy a 5% stake in mobile-phone operator Vodafone Idea Ltd, a media report said....
Finance
Govt may need to pump $20 bn into coronavirus-hit state banks
India may need to inject up to 1.5 trillion rupees ($19.81 billion) into its state-owned lenders as their pile of ......
People
Podcast: Jason Kothari on how startups can navigate coronavirus pandemic
Serial entrepreneur Jason Kothari has worked with several troubled Indian technology startups at critical junctures and helped...
Finance
As companies hit the rocks and sink, lenders scour the wreck and get zilch
The liquidation process under the bankruptcy law has eroded almost 99% of the value of claims made for the 69 ......
TMT
Google faces antitrust case in India over payments app
India’s antitrust body is looking into allegations that Alphabet Inc’s Google is abusing its market position to unfairly...
Infrastructure
India's housing market stares at deep contraction on lockdown woes
The size of India’s housing market is likely to shrink by nearly 45% in 2020, as a two-month-long lockdown imposed ......
General
Grapevine: Carlyle may invest in Axis Bank; Petronas eyes Acme Solar's assets
Private equity group Carlyle has initiated discussions with Axis Bank Ltd to infuse around $1 billion almost three years after...
Manufacturing
Nokia shuts plant in Tamil Nadu after 42 test positive for coronavirus
Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday, after...
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